South African coal mining companies bankrupt

  • Charting a decade of US coal company bankruptcies and

    May 26, 2020· One of the most recent coal company casualties is Longview Power, which declared itself bankrupt on 14 April. Its financial troubles indicate the “increasingly dire state” of the country’s coal industry, according to the IEEFA.

  • South African Investors to Lose $13 Million as Bitcoin

    Jul 07, 2020· South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states.

  • mining bankrupt in south africa contact details

    mining bankrupt in south africa contact details; coal mining in south africa contact details. HCI Contact Details. HCI Coal is a junior mining company with the purpose of mining coal resources in the Mpumulanga province of South Africa, to sell to local and export markets. Address: 19 Richards Dr, Halfway House, Midrand, 1685. get price.

  • Bankrupt Gupta mine in Mpumalanga sold to black-owned

    A black-owned South African mining group, Lurco, is buying the Gupta family’s Koorfontein mine, Netwerk24 reported on Monday morning. The bankrupt mine in Mpumalanga is owned by the Guptas’ Tegeta Exploration and Resources, a unit of Oakbay Investments. It used to supply coal to Eskom, but has not been operational for some time.

  • i need details od bankrupt mining company into south africa

    Coal mining processing plant in Nigeria. This coal mining project is an open pit mine located in Nigeria, announced by mining company Western Goldfields that it has discovered 62,400,000 tonnes of proven reserves of coal deposits worth US$1.2 billion which

  • Top 20 Mining Companies In South Africa 2020 2020/2021

    Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef or placer deposit.. Where To Find Mining Jobs In South Africa? Below is the list of mining companies in South Africa; South African Coal Mining Holdings Ltd. Anvil Mining Investment Company South Africa (PTY) LTD

  • List of coal mines in South Africa Briefly

    Matla is one of the top mining companies in South Africa, producing at least 14 million tons of cooking coal annually, which goes directly to the Matla Power Station. With at least 297 million tons of cooking coal in the Matla mine reserves, it makes this company guarantee several decades of coal mining in South Africa

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  • SOUTH AFRICAN COAL SECTOR REPORT

    Approximately 51% of South African coal mining is done underground and about 49% is produced by open-cast techniques. There are three different mining methods that are commonly used in underground mines in South Africa. The most common technique is the ‘bord and pillar’ method, which accounts for

  • List of the biggest mining companies in South Africa

    READ ALSO: Top 5 construction companies in South Africa 2019. List of mining companies in South Africa. As said earlier, there are lots of mining companies which are based in the country. So, apart from the ones discussed earlier, the following are some other South African mines list that you may want to consider at any time.

  • South African Coal Mining Holdings Limited

    South African Coal Mining Holdings Limited (SACMH) is a junior coal producer with operations in the Ermelo Breyten district of the Mpumalanga Province of South Africa. Having developed a reputation as specialist in thin seam open cast and underground coal mining, SACMH produces and processes coal products for international markets.

  • South African union threatens strike at coal and diamond mines

    Oct 08, 2020· South Africa’s National Union of Mineworkers (NUM) threatened on Friday to call a strike at mining companies De Beers, Exxaro, and Petra Diamonds after failing to reach wage agreements. Exxaro is the biggest coal supplier to South Africa’s state-owned power utility Eskom.

  • South African union threatens strike at coal and diamond

    South Africa's National Union of Mineworkers (NUM) threatened on Friday to call a strike at mining companies De Beers, Exxaro and Petra Diamonds after failing to reach wage agreements.

  • South African union threatens strike at coal and diamond

    Oct 02, 2020· Exxaro is the biggest coal supplier to South Africa's state-owned power utility, Eskom. NUM has also reached a deadlock in its wage negotiations with unlisted Seriti Coal Mine and has declared a dispute with the CCMA for mediation, a move that is one step short of a strike.

  • South African Investors to Lose $13 Million as Bitcoin

    2 days ago· A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24

  • Platinum Group Metals overtakes coal as the biggest

    Oct 06, 2020· Platinum Group Metals have overtaken coal as the biggest revenue generator in South Africa’s mining industry for the first time since 2010, according to the

  • Bankrupt Gupta mine in Mpumalanga sold to black-owned

    A black-owned South African mining group, Lurco, is buying the Gupta family’s Koorfontein mine, Netwerk24 reported on Monday morning. The bankrupt mine in Mpumalanga is owned by the Guptas’ Tegeta Exploration and Resources, a unit of Oakbay Investments. It used to supply coal to Eskom, but has not been operational for some time.

  • Wescoal gets its groove back African Mining Online

    Oct 06, 2020· South African coal mining company, Wescoal Holdings (Wescoal), is slowly digging themselves out of the proverbial hole, writes Leon Louw. The development of Moabsvelden will add several of years to the life of mine of Wescoal’s operations. Image credit: Wescoal.

  • The South African Coal industry Fossil Fuel

    Relevance of Coal in South Africa South Africa is the –7th largest producer of coal in the world –5th largest exporter of coal –8% of world coal reserves (BP Statistical Review 2014) Coal in South Africa accounts for –1st highest foreign exchange earnings in the country –2nd largest mining income-earning commodity, beating gold –95% of SA energy production

  • Jindal Africa Home

    Jindal Africa is involved in the mining of Metallurgical Grade Anthracite Coal in South Africa.The Anthracite Coal from Kiepersol mine has low sulphur and phosphorus contents due to which the mine has carved a niche for itself. the company is at the forefront of the country’s energy revolution, where it is one of only three companies with

  • Mbuyelo Coal Coal Mining Industry

    Mbuyelo Coal has a rich footprint in the Mpumalanga province of lush South Africa. It is born from the company Mbuyelo Group (Pty) Ltd which has its main business in the coal mining industry and is similarly growing its portfolio in other businesses such as

  • Battle from below: South African miners fight climate

    An artisanal miner works at a coal-face in Mastepiseni informal coal mine outside Ermelo, South Africa. 13 August 2020. Thomson Reuters Foundation/James Puttick. But aware of the lifeline that coal mining gives many families, Khuthala organisers have also started talks with the Department of Mineral Resources to legalise informal mining.

  • PGMs overtake coal as top SA mining revenue generator f.

    Oct 06, 2020· South African mining companies, notably platinum group metals (PGMs) and gold producers, have been posting stellar earnings as of late, and PwC’s most recent report on the sector adds some flesh

  • These are the top 10 Mining Companies to Work For in Africa

    Here are the top ten mining companies to work for in Africa: 1. Anglo American. Known as one of the largest mining companies in the world, Anglo American has major assets in copper, coal, iron ore, nickel and diamonds. The company owns operations in Brazil, Chile, the United Kingdom, Australia, and South Africa where they operate the biggest

  • Mining giants the top ten richest mining companies

    Mar 26, 2014· Mining operations in South Africa followed by Chile generated the biggest share of the company's revenue in 2013. Anglo American's wholly owned Minas-Rio iron ore project in Brazil and Sishen mine,part of its Kumba iron ore operations in South Africa

  • South African union threatens strike at coal and diamond mines

    Oct 08, 2020· South Africa’s National Union of Mineworkers (NUM) threatened on Friday to call a strike at mining companies De Beers, Exxaro, and Petra Diamonds after failing to reach wage agreements. Exxaro is the biggest coal supplier to South Africa’s state-owned power utility Eskom.

  • Bankrupt Gupta mine in Mpumalanga sold to black-owned

    A black-owned South African mining group, Lurco, is buying the Gupta family’s Koorfontein mine, Netwerk24 reported on Monday morning. The bankrupt mine in Mpumalanga is owned by the Guptas’ Tegeta Exploration and Resources, a unit of Oakbay Investments. It used to supply coal to Eskom, but has not been operational for some time.

  • Platinum Group Metals overtakes coal as the biggest

    Oct 06, 2020· Platinum Group Metals have overtaken coal as the biggest revenue generator in South Africa’s mining industry for the first time since 2010, according to the

  • South Africa: PGMs Overtake Coal As Top SA Mining Revenue

    Oct 07, 2020· South African mining companies, notably platinum group metals (PGMs) and gold producers, have been posting stellar earnings as of late, and PwC's most recent report on the sector adds some flesh

  • South Africa’s mining industry weathered COVID-19

    Oct 06, 2020· Gold mining companies had an increase of 35% in revenue. Revenue for the ‘other mining’ segments increased by 7%. The impact of the COVID-19 pandemic was evident from April 2020, with reductions in revenue being seen across the industry. South African PGMs and gold are mainly mined in deep-level underground mines and were therefore hardest hit.

  • Wescoal gets its groove back African Mining Online

    Oct 06, 2020· South African coal mining company, Wescoal Holdings (Wescoal), is slowly digging themselves out of the proverbial hole, writes Leon Louw. The development of Moabsvelden will add several of years to the life of mine of Wescoal’s operations. Image credit: Wescoal.

  • Mining in South Africa: Industry challenges in 2020

    Apr 04, 2020· The mining industry in South Africa is complex and extensively governed by legislation and controlled by regulation, yet still, there are several issues likely to raise challenges in 2020.. These include proposed amendments to the regulations published in terms of the Mineral and Petroleum Resources Development Act, 2002 (MPRDA) relating to retrenchments, the publication of proposed

  • South Africa's Mining Industry South African Market Insights

    We take a look at a few highlights/low lights of South Africa's mining industry as published by Statistics South Africa Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining industry in 2019. The level of production was 1,3% lower in 2019 than 2018, which in turn was 2,1% lower than 2017.

  • The South African Coal industry Fossil Fuel

    Relevance of Coal in South Africa South Africa is the –7th largest producer of coal in the world –5th largest exporter of coal –8% of world coal reserves (BP Statistical Review 2014) Coal in South Africa accounts for –1st highest foreign exchange earnings in the country –2nd largest mining income-earning commodity, beating gold –95% of SA energy production

  • Jindal Africa Home

    Jindal Africa is involved in the mining of Metallurgical Grade Anthracite Coal in South Africa.The Anthracite Coal from Kiepersol mine has low sulphur and phosphorus contents due to which the mine has carved a niche for itself. the company is at the forefront of the country’s energy revolution, where it is one of only three companies with

  • Coal Minerals Council South Africa

    Coal Mining in South Africa. Coal mining’s advent in South Africa can best be traced to the start of gold mining in the late 19 th century, particularly on the Witwatersrand, with the first coal in appreciable tonnages being extracted on the Highveld coal field close to the nascent Witwatersrand gold mines. However, demand began to grow

  • Coal in South Africa Wikipedia

    South Africa produces in excess of 255 million most from witbank tonnes of coal (2011 estimate) and consumes almost three quarters of that domestically. As of 2018, South Africa was the seventh largest producer and consumer of coal in the world. This large industry, means that as of 2015 about 80,000 workers, or .5% of total employment, was from the coal industry, down from a peak in 1981 of

  • Mining in SA Minerals Council South Africa

    In many ways, South Africa’s political, social and economic landscape has been dominated by mining, given that, for so many years, the sector has been the mainstay of the South African economy. Although gold, diamonds, platinum and coal are the most well-known among the minerals and metals mined, South Africa also hosts chrome, vanadium

  • Longview Power's bankruptcy indicates 'dire state' of the

    Apr 27, 2020· The recent bankruptcy filing of Longview Power is an indication of the “increasingly dire state” of the US coal industry, says an energy analyst. The firm’s primary asset is the 700-megawatt (MW) Longview Power Plant in Appalachian coal country near the city of Morgantown, West Virginia.